Found 24KGB Necklace Today - Any Help?

hallsgator

Greenie
Dec 31, 2014
11
24
East TN
Primary Interest:
Other
Hi all,

New to boards but long time reseller, thrift/garage sale/estate sale/auction buyer.

I found a necklace marked "24KGB" today for a $1 at a thrift store. It was a first for me with the KGB marking. Researched it and now know it means gold bonded.

My main question is, I also saw someone say that it still has 1/20 of the gold value. So it weighs 13.7 grams * 1/20 = .685 grams of 24k gold. Is that accurate or just bad info?

Thank you and I have really enjoyed reading this section so far!
 

batcap

Hero Member
Jun 22, 2010
684
131
Baltimore MD
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Bonded isn't guaranteeing the percentage. I've seen gold filled in 1/6, 1/10, 1/20, and 1/40 gold. If it isn't quantified, it's probably on the thin side. That's as long as it isn't really an E instead of a B. If it looks good you might do better on ebay than scrapping.

And WELCOME to T-Net!
 

Last edited:
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hallsgator

hallsgator

Greenie
Dec 31, 2014
11
24
East TN
Primary Interest:
Other
Awesome, thank you so much for the info. That's what I figured when I found it. It's a decent necklace and it will definitely end up on eBay.

Thank you!
 

buzzhead

Hero Member
Sep 23, 2013
528
332
Primary Interest:
All Treasure Hunting
I seen one of these today in a resale store.. Left it lay. But man did it stick out like a sore thumb in the jewelry rack.
 

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